Polygon 0VIX-based protocol under attack

The decentralized finance protocol 0VIX underwent a attack known as the ‘flash loan‘ and lost the equivalent of about 2 million dollars in various cryptos.

This Friday, 0VIX, a DeFi protocol specializing in crypto-currency loans and based on Polygon, has announced suspend his markets.

0VIX is working with its security partners to investigate the current situation which appears to be related to vGHST. As a result, the POS and zkEVM markets have been suspended […] Only POS has currently been affected, but zkEVM has been paused as a precaution and will likely be reactivated shortly.” tweeted 0VIX, without further clarification.

Blockchain security startup Certik, for its part, said. 0VIX was apparently the victim of a ‘flash loan’ attack and that the criminals had stolen about 2 million dollars of cryptocurrencies.

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Other experts confirmed his words and added that the attackers had including 1.45 million USDC, 58k USDT and 9k GHST.

The TVL of the DeFi project, which was as high as $6.4 million before the attack, is now $1.7 million, according to data provided by Defillama.

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